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2025 Mortgage-Free Wannabes
Comments
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Another £7400 into the savings account yesterday. I’m extremely grateful to mum & dad (spending their money to avoid IHT 🤣).
July total is now £7981.10
Edit: forgot to add my number #413 -
Afternoon all, #31
Final July overpayment of £340.
Total for July £3,200
YTD £23,900.
Many thanks @julicorn
MFW
Opening Mortgage Balance 16/06/2024 - £99569.04 term remaining 80 months (Feb 2031)
Current Balance £27,200
MFW 2025 #31 £35,800 / £28,000 OP
MFIT - T7 £35,800 OP
0%CC May 2027- £2,550
0% Loan £694.68
Grocery Challenge
Jan £387.89 / Feb £ 355.67 / Mar £418.63 / Apr £478.37 / May £426.52 / June £376.18 / July £462.54+£103.32 entertaining / Aug £294.38+83.83 entertaining /Sept £328.93 / Oct £381.10
The final countdown to June 2026 - Page 4 — MoneySavingExpert Forum2 -
Note:I'm FTB, not an expert, all my comments are from personal experience and not a professional advice.Mortgage debt start date = 25/10/2024 = 175k (5.44% interest rate, 20 year term)
- Q4/2024 = 139.3k (5.19% interest rate)
- Q1/2025 = 125.3k (interest rate dropped from 5.19% - 4.69%)
- Q2/2025 = 108.9K (interest rate 4.44%)
- Q3/2025 = 92.2k (interest rate dropped from 4.44% to 4.19%)
- Q4/2025 = 76.5k (interest rate 4.19%)
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#68 £50 OP for July please
MFW 2027
£172.42 left to pay from 10% overpayment allowance, (July26).
End fix on 2.79% July 27
Mortgage free Aim July 2027.
July 25 £57,000, £56950
August 25 £56,400
September £55,850/£55,800
October £55,195
November £54,600
Barclaycard £5300(0%) Deal ends April 2026.
2nd 0%CC £300 deal ends after paid off)2 -
Hi,
No. 12 with an overpayment of £1987.82 for July.
Thanks 🙂Starting Mortgage Balance (June 2019) £72,000. Mortgage Free November 2025!2 -
Hi,
#34 with 125 for July (YTD 1500).
Only 25% towards my annual target, but that is still more than if I had not joined this year.
2025 MFW OPs: 4317/6000.5 -
#5 £220 total for July 2025, another feeling the sting of school holidays.Thank you Julicorn1
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Hi all, thanks again for all your updates - big or small! I know holidays can make overpayments trickier, just remember that every little helps
We're not far away from half a million, the current total stands at £484,691.56.
7 -
Hi @julicorn thanks for continuing to record the challenge for us all, it's amazing to see we're nearly half a million in - that's incredible! No 39 here, please could you add £616 for august for me, bringing the total to £3905 for this year I think.Debt = £8017/£8017 (100% paid - cleared 26th August 2020) Boiler Fund = £2500/£2500 (100% saved - 26th August 2021)Emergency fund = £5000/£5000 (100% saved - 5th Jan 2025) | Mortgage = £111,564/£132,469 (15% paid)Goal for 2025:1) MFW £5832/£30002
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